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Nov 26, 2012
11/12
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taxes on the wealthy. democrats are still trying to keep some entitlement programs out of negotiations. >> social security set aside, doesn't add to the deficit. when it comes to medicare and medicaid, protect the integrity of the program. >> reporter: distance from a deal still evident, even amid signs the gap between lawmakers is closing. lawmakers say they'll not only get a deal done before the year is out, they may have a compromise before christmas. i'm danielle leigh, nbc news. >>> meanwhile that fiscal cliff is making investors wary this morning. for a look at how futures are trading, we turn things over to kate at cnbc headquarters. kay kayla, good morning. >> reporter: good morning to you. much optimism was over the strength of retail sales and black friday. investors will be keeping an eye on the geopolitical tensions in the middle east and that ongoing fiscal cliff and the talks continuing in washington. we get economic reports this week on durable goods, consumer confidence and new and pending
taxes on the wealthy. democrats are still trying to keep some entitlement programs out of negotiations. >> social security set aside, doesn't add to the deficit. when it comes to medicare and medicaid, protect the integrity of the program. >> reporter: distance from a deal still evident, even amid signs the gap between lawmakers is closing. lawmakers say they'll not only get a deal done before the year is out, they may have a compromise before christmas. i'm danielle leigh, nbc...
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Nov 26, 2012
11/12
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KPIX
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used the churchy's credit cards for $100,000 in personal expenses and owed the irs $300,000 in back taxes. >> i don't think that, you know, withs his past history that he should be preaching at all. >> reporter: things got ugly here last month when the pastor showed up for his first day at the church. cloaked in his white robe and carrying a bible and parishioners confronted him outside. >> basically told him to present his papers. you have to have papers to take over the church. he did not have his papers. >> reporter: this parishioner is also a reporter for the san francisco post. >> like a brief altercation. i don't know shoving, might have been hollering. >> reporter: the issue is under consideration. the reverend has been back once since kicked out. >> if he stays will it be awkward? >> most definitely but we are hoping that will not happen. >> reporter: back to you. >>> a major tragedy in a country used to struggle. how bangladesh is revealing from a massive factory fire. >>> and violence in egypt. what the country's new preside president has done to anger his people. >>> big change
used the churchy's credit cards for $100,000 in personal expenses and owed the irs $300,000 in back taxes. >> i don't think that, you know, withs his past history that he should be preaching at all. >> reporter: things got ugly here last month when the pastor showed up for his first day at the church. cloaked in his white robe and carrying a bible and parishioners confronted him outside. >> basically told him to present his papers. you have to have papers to take over the...
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Nov 26, 2012
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. >> and he owes back taxes. >> i don't think with his past history he should be preaching at all. >> reporter: things got a little ugly here last month when the pastor showed up for his first day at the church, cloaked in his white robe and carrying a bible and some parishioners confronted him outside. >> basically told him you need papers. he did not have the papers. >> reporter: the commissioner say reporter for the san francisco post. >> there was a brief altercation. i don't know, shoving or hollering. >> reporter: the church says the issue is under congratulations. the reverend hunter has been back once since being kicked out. >> you know, what if he stays will it be awkward around here? >> definitely. in san francisco, cbs 5. >> a deadly weekend oakland pushes the number of homicides in the city to 115. that is 5 more than all of last year. the latest victim was found shot to death at 6:00 this morning. the police say they have little inforringmation on that double homicide and no suspects. there were two other killings on saturday. one was an 18-year-old women and the other a
. >> and he owes back taxes. >> i don't think with his past history he should be preaching at all. >> reporter: things got a little ugly here last month when the pastor showed up for his first day at the church, cloaked in his white robe and carrying a bible and some parishioners confronted him outside. >> basically told him you need papers. he did not have the papers. >> reporter: the commissioner say reporter for the san francisco post. >> there was a brief...
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Nov 26, 2012
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for more than $100,000 in personal expenses and that he owed the irs more than there 300,000 in back taxes. >> and i don't think, you know, with his past history that he should be preaching. at all. >> reporter: things got a little ugly here last month when the pastor showed up for his first day at the church cloaked in his white robe and carrying a bible and some parishioners confronted him outside. >> and basically told him to present his papers. you have to have papers to take over the church. he did not have his papers. >> the parishioner is a reporter for the san francisco post. >> kind of hike a brief altercation, kind of a little shoving and hollering. >> reporter: the church says it is under consideration, the reverend has been back once since being kicked out. >> the what if he stays will it be awkward around here? >> most definitely but we are hoping that will not happen. >> reporter: back to you. >>> they are meant to alleviate traffic but some shuttle buses are causing traffic problems. how they are getting in the way of other people getting to work on time. >> i hope you enjoy
for more than $100,000 in personal expenses and that he owed the irs more than there 300,000 in back taxes. >> and i don't think, you know, with his past history that he should be preaching. at all. >> reporter: things got a little ugly here last month when the pastor showed up for his first day at the church cloaked in his white robe and carrying a bible and some parishioners confronted him outside. >> and basically told him to present his papers. you have to have papers to...
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Nov 26, 2012
11/12
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FBC
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. >> it would not have the taxes. we have the money left over. the park could be just as good. john: well, it certainly is true that the park is very commercial these days. but buying and selling going on. holiday gifts. very commercial. on the other hand, the public seems fine with that. >> its and look very nice. a different story. >> a lot of the things that they should be doing. you should -- john: some money. >> that's right. you will study. if everyone would feel just as good. >> is a very public. nobody has viewed it as privatized, and the final answer to these arguments, every dollar that is earned by concessions and sponsorships and events goes right back into the park. all that money is earned in these ways. the way we provide private skating complex skating for free which we do is from those booze and a sponsorship from city which has been very generous. john: less talk about your next one combustion. boston, and was once a common breezy feel. so for the tragedy. it was overgrazed. now it's a part. managed by government for about four and years. badly managed, and th
. >> it would not have the taxes. we have the money left over. the park could be just as good. john: well, it certainly is true that the park is very commercial these days. but buying and selling going on. holiday gifts. very commercial. on the other hand, the public seems fine with that. >> its and look very nice. a different story. >> a lot of the things that they should be doing. you should -- john: some money. >> that's right. you will study. if everyone would feel...
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Nov 26, 2012
11/12
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KGO
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lights on now traffic bagging past the west grand over -- backing past the west grand overcrossing, fact tax getting by nicely, suggestish upper deck, very foggy, fog -- advisory for all bay area bridges, bumper-to-bumper out of tracy towards altamont. out of antioch very slow towards pittsburg and concord typical for this time of morning. leaving santa rosa 101 southbound a grind to novato, 80 east shore freeway, there's 680 to the 580 corridor. our waze app is free you can see your commute through san pablo and el cerrito, very slow, fog is a factor all morning, take extra care download this app free. >>> the fog can make the commute difficult. amy hollyfield joins us live from the bay bridge toll where the conditions there now look pretty foggy. >> reporter: it is thick. take a look at what the cars are going through behind me. you can see their tail lights, pretty thick and tough to see, far in front of you the kind of fog if you close your eyes and spun around a couple of times and opened your eyes you wouldn't figure out which direction you were facing, you can see far here's video we
lights on now traffic bagging past the west grand over -- backing past the west grand overcrossing, fact tax getting by nicely, suggestish upper deck, very foggy, fog -- advisory for all bay area bridges, bumper-to-bumper out of tracy towards altamont. out of antioch very slow towards pittsburg and concord typical for this time of morning. leaving santa rosa 101 southbound a grind to novato, 80 east shore freeway, there's 680 to the 580 corridor. our waze app is free you can see your commute...
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Nov 26, 2012
11/12
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CNBC
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not tax rates but revenue. here's two senators in interviews over the last two days. >> i agree we shouldn't raise rates but i think grover is wrong whether it comes to we can't cap deductions and buy down debt. what do you do with the money? i want to buy down debt and cut rates to create jobs but i will violate the pledge, long story short, for the good of the country, only if democrats will do entitlement reform. >> i'm not obligated on the pledge. i made tennesseens aware. i was just elected. i made aware the only thing i'm honoring is the oath i take when i'm sworn in this january. >> both of these senators are saying they aren't going to be browned by grover norquist from americans for tax reform. this is an issue bigger than norquist. the republican party has positioned itself as the smaller government, anti-tax party. but they've lost an election and it appears that republicans in the senate will see about the house, already to give some ground. >> john, thank you. that's good news. looks like at least
not tax rates but revenue. here's two senators in interviews over the last two days. >> i agree we shouldn't raise rates but i think grover is wrong whether it comes to we can't cap deductions and buy down debt. what do you do with the money? i want to buy down debt and cut rates to create jobs but i will violate the pledge, long story short, for the good of the country, only if democrats will do entitlement reform. >> i'm not obligated on the pledge. i made tennesseens aware. i was...
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Nov 26, 2012
11/12
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revenue, taxes, i can say taxes, they can't say that on the other side of the aisle, revenue, taxes. that would account for 40% in simpson-bowles, 40%. what we're talking about is to make sure any deficit reduction package forward has a substantial portion of revenue and taxes in it but you can't tax the wealthiest people in america and balance the budget. i know that's true. there has to be spending cuts. also changes in entitlement programs. i happen to agree with the majority leader, social security does not add a penny to the deficit, not one penny, it is a separate trust fund, but it only has about 22 years of life left in it. that's pretty good by washington standards but we can do better. i think and many of us agree, bipartisan basis, let's make some small changes in social security today to guarantee it will be here for 50 years or even 75 years. we can do that. but that's a separate debate. the debate on the fiscal cliff is about entitlement programs. and i watched some of my friends on the left, on the democratic side saying don't touch the entitlement programs. they're ig
revenue, taxes, i can say taxes, they can't say that on the other side of the aisle, revenue, taxes. that would account for 40% in simpson-bowles, 40%. what we're talking about is to make sure any deficit reduction package forward has a substantial portion of revenue and taxes in it but you can't tax the wealthiest people in america and balance the budget. i know that's true. there has to be spending cuts. also changes in entitlement programs. i happen to agree with the majority leader, social...
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Nov 26, 2012
11/12
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KRON
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he is pushing for a 30% tax rate for those making between one and $10 million. 35 percent taxes for people making more than that. president obama as me lay their tax rate will keep at 30%. >> we will be back and a few moments. >> the time is 945 and and monday morning. big story with the weather is the fog. here's a look to your visibility were a lot of folks are still looking at one-tenth of a mile visibility for s f all. oakland improved to 1 mi.. not all end prove to the 10 mi. and visibility. you are just fine. santa rosa is still at zero visibility, napa is improved to 4 mi.. having east sacramento and down to three tenths of a mile for visibility. the dense fog advisory still in effect for the 17 valley. we're still seeing some areas of free dance fog including redwood city at three tenths of a mile for visibility. our roof cam route over again as avenues is starting to see the fog makes out a little bit as promised. conditions will improve as we get to the early afternoon hours. airport delays, as half of the tough there this morning. the average delay is almost three hours because
he is pushing for a 30% tax rate for those making between one and $10 million. 35 percent taxes for people making more than that. president obama as me lay their tax rate will keep at 30%. >> we will be back and a few moments. >> the time is 945 and and monday morning. big story with the weather is the fog. here's a look to your visibility were a lot of folks are still looking at one-tenth of a mile visibility for s f all. oakland improved to 1 mi.. not all end prove to the 10 mi....
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Nov 26, 2012
11/12
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the mandate is to raise taxes. there was no mandate from the voters to tinker with social security and tinker with medicare, but at some point the president's going to put that on the table, and the question will his base let him do it? >> let me switch gears a bit. i want to ask you about senator john mccain. he, of course, has been very critical about the potential nomination of u.n. ambassador susan rice to be secretary of state, something that hasn't happened yet. he appeared to strike a more conciliatory tone over the weekend. i'm going to play two statements for you, john mccain a few weeks ago and john mccain yesterday and ask you about it on the other side. >> we will do whatever is necessary to block the nomination that's within our power as far as susan rice is concerned. >> i think she deserved the ability and the opportunity to explain herself and her position, just as she said. >> chuck, very quickly, is this a very significant change? >> reporter: it is and it tells you something that a lot of people
the mandate is to raise taxes. there was no mandate from the voters to tinker with social security and tinker with medicare, but at some point the president's going to put that on the table, and the question will his base let him do it? >> let me switch gears a bit. i want to ask you about senator john mccain. he, of course, has been very critical about the potential nomination of u.n. ambassador susan rice to be secretary of state, something that hasn't happened yet. he appeared to...
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Nov 26, 2012
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also according to this poll one of the forces that tax increases and spending cuts will cause a crisis. >> customers swarm stores and record numbers for the black friday deals. 247 million shoppers. and that is more this year than last year and they also spent more. with the average person spending $423. on this four day weekend, id is $59 billion and that is also up from last year. it is a pretty good weekend for retailers. 41 percent of consumers are going to purchase items online this year and the bad guys are going to ponder those shoppers. and cyber gangs.. will have new and old internet scams to hijack accounts. one half are using web browsers with out any security measures or if they do they are out of date. experts are looking for bogus coupons and too good to be true advertisements with links on social media. if you need extra holiday crash perhaps go to or arizona or organ those are the places where you can get multi-state power ball. with no winners on saturday the jackpot is $425 million. it is up for grabs and it is on this wednesday it rolled over for the 15th straight ti
also according to this poll one of the forces that tax increases and spending cuts will cause a crisis. >> customers swarm stores and record numbers for the black friday deals. 247 million shoppers. and that is more this year than last year and they also spent more. with the average person spending $423. on this four day weekend, id is $59 billion and that is also up from last year. it is a pretty good weekend for retailers. 41 percent of consumers are going to purchase items online this...
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Nov 26, 2012
11/12
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MSNBCW
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gains tax rate. you know what all of it is? all of it is about can they govern? can they govern? can we be governed? can the people in washington, d.c., in the house and the senate and the president, can they govern? >> they have to. >> well, they have to. they absolutely have to. >> just to make a point for those who thought that the health care reform law was historic, many people -- i actually assume that most of the five people at this table think that it's a shocking thing that america is the most powerful country on earth before the health care law was passed, had a massive number of many, many millions of uninsured people in the country when every other industrialized country has universal coverage. >> right. we do all agree with that, right? >> one of the more historic things, it's going to move millions of uninsured people into the ranks of the civilized world. >> and as the president promised, also not only is he going to put 30 million people on the rolls for health care, it's also going t
gains tax rate. you know what all of it is? all of it is about can they govern? can they govern? can we be governed? can the people in washington, d.c., in the house and the senate and the president, can they govern? >> they have to. >> well, they have to. they absolutely have to. >> just to make a point for those who thought that the health care reform law was historic, many people -- i actually assume that most of the five people at this table think that it's a shocking...
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Nov 26, 2012
11/12
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any high federal office, i think we should care because our tax dollars pay their salaries, but these people work hard. they work hard to improve the way our government works. so if good governance happens, i think it's a legitimate exercise, republicans and democrats, to say this is what got done on our watch, and we want people to know about it. >> when is your term up with the secretary of state? >> the same day she resigns, january 20. >> and what will come out of that, your work? >> well, internal history documents. each bureau of the state department is writing a list of what it achieved and doing some oral history to ask high- ranking members of the department what they worked on and what they care about. and the story of the united states and the world in these four years. >> how much of the bill clinton's memoirs were you involved in? >> i was involved in the earliest stages, which were fascinating, as he talked out his memories of his life. and that was my job was to be an interviewer much like you. and i had many meetings with him between about 2001 and 2003, just peppering
any high federal office, i think we should care because our tax dollars pay their salaries, but these people work hard. they work hard to improve the way our government works. so if good governance happens, i think it's a legitimate exercise, republicans and democrats, to say this is what got done on our watch, and we want people to know about it. >> when is your term up with the secretary of state? >> the same day she resigns, january 20. >> and what will come out of that,...
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Nov 26, 2012
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the congress couldn't tax the american people but it could borrow money and asked -- and appointed john adams to go to france to try to raise money from the french government to pay for the revolution. and he decided to take his tenure old son john quincy adams with him firstborn son. john quincy adams buy then was a devoted patriot at 7-years-old when his father was in the continental congress. his mother abigail adams heard fire in the distance since she took her boy to the top of the health behind when the massachusetts and they could look across and they saw the battle of bunker hill and she took her boy down by the hand and began melting down the family pewter to make musket balls and she told her son at that time you must rikus to the head of your country and if you don't succeed it will be because of your own laziness. you must make a resolution in favor of what virtue come integrity and love of your country and that's how john and abigail adams raised their way from the beginning to be virtuous, honest and to love and serve his country. and so when john adams was sent to france,
the congress couldn't tax the american people but it could borrow money and asked -- and appointed john adams to go to france to try to raise money from the french government to pay for the revolution. and he decided to take his tenure old son john quincy adams with him firstborn son. john quincy adams buy then was a devoted patriot at 7-years-old when his father was in the continental congress. his mother abigail adams heard fire in the distance since she took her boy to the top of the health...